A corporate bond that you own at the beginning of the year is worth $975. During the year, it pays $35 in interest payments and ends the year valued at $965. What were your dollar return and percent return? Note: Round "Percent return" answer to 2 decimal places. Dollar return Percent return %
A corporate bond that you own at the beginning of the year is worth $975. During the year, it pays $35 in interest payments and ends the year valued at $965. What were your dollar return and percent return? Note: Round "Percent return" answer to 2 decimal places. Dollar return Percent return %
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:A corporate bond that you own at the beginning of the year is worth $975. During the year, it pays $35 in interest payments and ends
the year valued at $965.
What were your dollar return and percent return?
Note: Round "Percent return" answer to 2 decimal places.
Dollar return
Percent return
%

Transcribed Image Text:You own $14,755 of Olympic Steel stock that has a beta of 3.14. You also own $19,295 of Rent-a-Center (beta = 1.61) and $22,700 of
Lincoln Educational (beta = 0.62).
What is the beta of your portfolio?
Note: Round your answer to 2 decimal places.
Portfolio beta
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